Question: Suppose you t the linear model Y = 0 + 1X1 + ... + pXp. What would be the eect on bias and variance of

Suppose you t the linear model Y = 0 + 1X1 + ... + pXp. What would be the eect on bias and variance of your model if you include an additional predictor Xp+1, assuming that Y and Xp+1 are independent?

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